Nxu Book Value Per Share vs Capex To Revenue Analysis
NXU Stock | USD 0.25 0.01 3.85% |
Nxu financial indicator trend analysis is infinitely more than just investigating Nxu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nxu Inc is a good investment. Please check the relationship between Nxu Book Value Per Share and its Capex To Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Book Value Per Share vs Capex To Revenue
Book Value Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nxu Inc Book Value Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nxu's Book Value Per Share and Capex To Revenue is -0.17. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Nxu Inc, assuming nothing else is changed. The correlation between historical values of Nxu's Book Value Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Nxu Inc are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Book Value Per Share i.e., Nxu's Book Value Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Nxu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nxu Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Nxu's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.000088 in 2024, despite the fact that Enterprise Value is likely to grow to (3.1 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 133.7M | 68.8M | 46.9M | 71.8M | Cost Of Revenue | 89.1K | 348K | 1.0M | 1.1M |
Nxu fundamental ratios Correlations
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